#United States #New York #Monteverde Associates #1st Colonial Bancorp #Mid Penn Bancorp

Investigating the Acquisition of 1st Colonial Bancorp: What Does It Mean for Shareholders?

On September 30, 2025, Monteverde & Associates, a respected class action firm, announced its investigation into 1st Colonial Bancorp, Inc. (OTCMKTS: FCOB) following its proposed acquisition by Mid Penn Bancorp, Inc. This acquisition has the potential to significantly affect shareholders, and the law firm aims to ensure their interests are protected.

Overview of the Acquisition Proposal

The proposed transaction stipulates that each share of 1st Colonial common stock is to be converted into either 0.6945 shares of Mid Penn common stock along with cash for fractional shares or $18.50 in cash per share. With varying options presented, one of the key questions arises: Is this acquisition fair to the shareholders of 1st Colonial?

Juan Monteverde, a class action attorney who leads the firm’s initiative, has gained prominence for recovering millions on behalf of shareholders. Under his expertise, Monteverde & Associates has been acknowledged as a top firm in the 2024 ISS Securities Class Action Services Report, solidifying their reputation within the industry. Their central mission is to safeguard the rights of shareholders and ensure equitable treatment in transactions such as this.

The Importance of Fairness in Mergers and Acquisitions

Mergers and acquisitions can often lead to shareholder anxiety, particularly regarding the valuation of shares and the fairness of offers presented. Shareholders have a vested interest in the outcomes of such actions, especially when their investments stand to be diluted or devalued. Monteverde's investigation will aim to address concerns over the terms of the agreement and whether shareholders are receiving proper compensation for their investments.

The firm is reaching out to shareholders of 1st Colonial Bancorp to gather insights and feedback regarding their perspectives on the acquisition. This engagement is crucial for identifying potential injustices or areas warranting further scrutiny.

Questions Shareholders Should Ask

As shareholders consider the implications of the acquisition, there are critical questions to address:

• - Is the cash option of $18.50 per share fair compared to the current market valuation?
• - How does the stock conversion ratio compare with the historical performance of both companies?
• - What are the strategic benefits for Mid Penn Bancorp in acquiring 1st Colonial?
• - What roles did financial advisors play in shaping this offer?

These inquiries can guide shareholders in understanding the breadth of the offer and help them articulate any concerns to the representatives at Monteverde & Associates.

About Monteverde & Associates PC

The firm is headquartered in New York City, within the iconic Empire State Building. With a commitment to championing the rights of shareholders, they have a proven track record in class action lawsuits involving significant recoveries and settlements across diverse sectors. They emphasize that no entity is above the law, and businesses must be held accountable for their decisions affecting investors.

Juan Monteverde encourages small and large investors alike to come forward with any inquiries regarding their stocks in 1st Colonial Bancorp. He emphasizes that engaging an experienced lawyer is vital in navigating the complexities of such mergers and safeguarding one’s investments.

Their mission is clear: to provide a free resource where shareholders can voice their concerns and get answers to their questions. Those interested in learning more about the investigation can reach Monteverde & Associates directly through their website or contact Juan Monteverde via email or phone.

In conclusion, as the proposed acquisition heads down the pipeline, shareholders must remain vigilant, informed, and engaged. The outcome of this investigation could significantly affect their financial futures and the integrity of how acquisitions are handled in the financial market.